Real Estate Math
A Kansas home purchased for $155,000 in 2010 is sold for $215,000 in 2026. What is the percentage appreciation?
A38.7%✓ Correct
B40.5%
C42.9%
D44.2%
Explanation
Appreciation = ($215,000 - $155,000) / $155,000 = $60,000 / $155,000 = 38.7%.
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